Posted by on
Categories: Intel

@Intel Corp. (INTC) shares are nearing a critical inflection point, one that could potentially send shares of the stock soaring by 30% to about $60. A rise above $48 could clear that path and set up the massive gains, sending shares to a price not seen since September of 2000. It would surely be an enormous gain, but then consider that Intel has underperformed the broader iShares PHLX Semiconductor ETF (SOXX) by nearly 15 percentage points in 2017.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.